Answer:
gives a better measure of ongoing, sustained price changes.
Explanation:
Answer:
Variable overhead rate variance = $ 875 favorable
Variable overhead efficiency variance = $ 4,185 favorable
Variable overhead cost variance = $5,060 Favorable
Explanation:
Standard hours = 1 hr x 2600 units = 2600 hours
Standard rate = $3.10
Actual hours = 1,250 hours
Actual rate = $2.40
Variable overhead rate variance = ( Standard Rate - Actual Rate ) x Actual Hrs
= ( $ 3.10 - $2.40 ) x 1250 Hrs
= $0.7 x 1250
=$ 875 favorable
Variable overhead efficiency variance = (Standard hours - Actual hours) x Standard Rate
= (2600 - 1250 ) x $ 3.10
= $ 4,185 favorable
Variable overhead spending variance = Variable overhead rate variance + Variable overhead efficiency variance
= $875 + $4,185
= $ 5,060 favorable
Variable overhead cost variance = Standard cost - Actual Cost
= (2600 X 3.10) - (1250 X 2.40) = 8,060 - 3000
= $5,060 Favorable
$4,241.44
$4,464.67
$4,699.66
$4,947.01
Answer:
$4,947.01
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $50,000
Present value = $250,000
Rate of interest = 6% ÷ 12 months = 0.5 months
NPER = 4 years × 12 months = 48 months
The formula is shown below:
= PMT(Rate,NPER,PV,-FV,type)
The future value comes in negative
So, after solving this, the answer would be $4,947.01
Assuming you make an additional final (balloon) payment of $50,000 at the end of the last month, your monthly payments is:$4,947.01.
Based on the given information we would make use of financial calculator to find the PMT by inputting the below data
PMT(Rate,NPER,PV,-FV,type)
Where:
Future value= $50,000
Present value= $250,000
Interest rate= 6%/12 = 0.5%
Nper= 4 years × 12= 48 months
Hence;
PMT=$4,947.01
Inconclusion your monthly payments is:$4,947.01.
Learn more about monthly payment here:your monthly payments is:$4,947.01.
The answers for the subdivisions are given below and are explained. Explanation:
1)
it consists of a table refer the attachment
it has the list of asserts, liabilities and common stock
2)
(i) 32000
(ii) 11000
(iii) 38000
3)
The table in attached, it explains the prepaid expenses , common stock , dividends , insurance expenses , Insurance expenses, Accounts payable, service revenue.
4)
Refer the tables are attached it explains the Accounts receivable, common stock, rent payable. insurance expense , interest revenue and dividends.
5)
1.Equity at the beginning of the year = 27000 - 15000 = 8000
2. Equity at the end of the year 60,000 - 27,000 = 33000
3. Increase in equity = 33000 - 8000 = 25000
Net Income = 25000 + 37300 - 6300 = 56000
4. Common stock = 25000 + 6000 - 1100 = 29900
5. Dividends = 19600 + 19100 - 25000 = 13700
6. Net Income = 25000 + 42900 - 3400 = 64500
Answer:
Explanation:
a. The computation of the economic order quantity is shown below:
=
where,
Carrying cost = $20 × 15% = 3
And, the annual demand = 450 bicycles × 12 months × 2 tyres = 10,800
And, the ordering cost is $50
Now put these values to the above formula
So, the value would equal to
=
= 600 tires
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $10,800 ÷ 600 tires
= 18 orders
c. The average annual ordering cost would equal to
= Number of orders × ordering cost
= 18 orders × $50
= $900
The Economic Order Quantity for the company is around 240 units. This leads to an estimated 23 orders per year with an average annual ordering cost of $1150.
The Economic Order Quantity (EOQ) is calculated using the equation √((2DS)/H). In this example, D represents the demand rate which is the number of bicycles produced a year (450 per month times 12, totaling 5400). S represents the ordering cost ($50) and H represents the holding cost which is 15% of the tire cost ($20) per unit, totaling $3 per unit.
So if you substitute these values into the formula, the EOQ equals √((2 * 5400 * 50)/3), which results in approximately 240 units. From this solution, the number of orders per year would be the annual demand divided by the EOQ, i.e., 5400 / 240 giving approximately 22.5 orders (rounded upwards it means 23 orders per year). The average annual ordering cost would be the cost per order times the number of orders per year (23 * $50), resulting in $1150.
#SPJ3
Answer:
Just Choose an side.
Explanation:
Would you rather use a store-bought mix, or a homemade mix? (Just choose one).
For homemade: I chose this because I would like to try something new and make different flavors, if it is a success.
For store-bought: I chose this because I want it to be easy for me to make, and has all the steps on the back of the box.